An estimated $1 million in methylamphetamine has been seized from a suburban home.
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A 28-year-old was arrested at his Wollert home on the northern outskirts of Melbourne after a raid found around two kilograms of meth, a rifle and ammunition, cash, luxury handbags and cocaine on May 9.
Viper Taskforce detective inspector Craig Darlow said the arrest showed "how we often see drugs and firearms go hand in hand, so to seize a weapon during this warrant is also particularly satisfying".
"This is money that would have funded further crimes in a ruthless cycle."
The suspect was interviewed by police and is expected to be charged with trafficking a large commercial quantity of methylamphetamine, possessing a drug of dependence, knowingly dealing with proceeds of crime, possessing a firearm and ammunition.
The investigation is ongoing, police said.
Anyone with further information is urged to contact Crime Stoppers on 1800 333 000 or submit a confidential report online at www.crimestoppersvic.com.au